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Inflation and You: Looking at the Consumer Price Index Market Basket

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Does it feel like your groceries are getting more expensive?   Well there’s a way to tell if they really are.  The Consumer Price Index (CPI) market basket measures more than just the food in your grocery basket to capture inflation.  It is developed from detailed monthly records kept by government officials who are hired to track and record prices of reselected items in stores.  See how the CPI market basket works to measure inflation:

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